NYSE$COTY

Coty Inc · Q2 2025 earnings

Q2 2025 earnings · · After market close · Investor relations

Briefing

Coty Inc. reported Q2 FY25 net revenue of $1,669.9 million, a 3% decline year-over-year, impacted by FX headwinds and market slowdowns. Adjusted EPS came in at $0.11, down from $0.25 in the prior year. The company experienced strong gross margin expansion and operational efficiencies, but headwinds in APAC and consumer beauty weighed on performance.

Headline financials

Total Revenue

$1.67B

Previous: $1.73B-3.3%
EPS (adj)

$0.11

Previous: $0.20-45.0%
Gross Margin

66.7%

No prior period
Operating Margin

16.1%

Previous: 17.9%-10.1%
Free Cash Flow

$419M

Previous: $363M+15.4%
Net Debt

$3.21B

No prior period
Capital Expenditures

-$45.5M

Previous: -$58.9M+22.8%
Net Income

$20.4M

Previous: $181M-88.7%
Operating Income

$268M

Previous: $237M+13.3%
Gross Profit

$1.11B

Previous: $1.12B-0.9%

Revenue & EPS history

Coty · Revenue · Quarterly

$1.67B

Q2 2025-3.3%vs Q2 2024
Beat estimate in 6 of 14 quarters(43%)
ActualEstimate

Revenue by segment

Coty · $1.64B total across 2 segments · Q1 2024

  • Prestige
    $1.06B+23.3%
  • Consumer Beauty
    $577M+9.5%

Forward guidance

Coty expects FY25 adjusted EPS of $0.50-$0.52, with continued gross margin expansion and cost efficiencies. FX headwinds and inventory management by retailers remain challenges.

Tailwinds

  • Prestige fragrance segment continues to outperform.
  • Sustained gross margin expansion through pricing and efficiencies.
  • Strong digital performance with double-digit e-commerce growth.
  • New brand partnerships, including Swarovski, expanding portfolio.
  • Improved leverage below 3x, reducing financial risk.

Headwinds

  • Headwinds in APAC, particularly China and Travel Retail.
  • Softness in mass cosmetics market impacting Consumer Beauty.
  • FX headwinds expected to impact reported revenue growth.
  • Retailers' tight inventory management affecting replenishment orders.
  • Equity swap impact negatively affecting net income and EPS.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2025

Historical avgQ2 2025

+0.2%

Avg return

Earnings day

+0.1%

Avg return

5 days after

+1.8%

Avg return

30 days after

44%

23 / 52 earnings

Positive

+36.8%

Q2 2019

Best reaction

-25.8%

Q1 2019

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026+3.9%-9.4%-23.4%
Q2 2026-14.5%-19.7%-24.8%
Q1 2026-0.8%-5.6%-8.7%
Q3 2025-11.6%-3.1%-2.9%
Q2 2025-9.3%-17.6%-19.8%
Q1 2025-3.8%-2.4%+0.9%
Q4 2024+6.1%+4.3%-1.7%
Q3 2024-4.3%-3.7%-12.8%
Q2 2024-3.2%-3.6%+3.7%
Q1 2024+1.8%-0.6%+18.4%
Q4 2023+2.6%+0.5%+11.9%
Q3 2023-3.7%-7.3%-2.6%
Q2 2023-0.2%+7.9%+3.6%
Q1 2023-5.2%+11.2%+14.9%
Q4 2022+7.4%+5.7%-0.1%
Q3 2022-13.3%-9.6%-1.1%
Q2 2022+12.2%+8.6%-5.6%
Q1 2022+16.4%+16.4%+10.5%
Q4 2021+15.6%+18.7%-2.7%
Q3 2021-10.9%-13.4%-14.9%
Q2 2021-17.3%-14.6%+11.5%
Q1 2021+33.2%+38.6%+132.0%
Q4 2020-3.6%-6.8%-29.9%
Q3 2020-16.7%-36.7%-0.8%
Q2 2020+13.6%+12.5%-19.2%
Q1 2020+13.4%+8.4%+3.6%
Q4 2019+6.2%+8.5%+19.7%
Q3 2019-5.6%-4.2%+10.4%
Q2 2019+36.8%+58.2%+55.8%
Q1 2019-25.8%-22.6%-32.9%
Q4 2018-5.5%-3.4%+4.9%
Q3 2018-8.8%-11.0%-12.6%
Q2 2018+13.6%+17.6%+11.0%
Q1 2018+10.5%+14.8%+20.5%
Q4 2017-14.4%-16.1%-18.2%
Q3 2017+9.9%+7.5%+5.1%
Q2 2017-8.8%-3.8%-4.7%
Q1 2017-15.3%-16.7%-12.5%
Q4 2016-6.9%-3.6%-18.2%
Q3 2016-12.2%
Q2 2016+14.0%
Q1 2016-4.8%
Q4 2015+3.1%
Q3 2015-1.4%
Q2 2015+15.6%
Q1 2015+6.6%
Q4 2012-4.6%
Q4 2014-4.6%
Q3 2014+3.4%
Q2 2014+3.4%
Q1 2014-2.7%
Q4 2013+0.8%
Q3 2013
Q2 2013
Q1 2013
Q3 2012
Q2 2012
Q1 2012
Q4 2011

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